CTS CTS Corp.
CTS Corp is a designer and manufacturer of electronic components, actuators and sensors. It also provides services to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. The company was founded in 1896 and is headquartered in Lisle, IL.
Company profile
Ticker
CTS
Exchange
Website
CEO
Kieran M. Osullivan
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Flex • Sanmina • TTM • Jabil • Benchmark Electronics • Plexus • Kimball Electronics • SigmaTron International • SMTC • IEC Electronics ...
SEC CIK
Corporate docs
IRS number
350225010
CTS stock data
()
Calendar
24 Apr 20
2 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 103.08M | 115.04M | 115.65M | 120.68M | |
| Net income | 3.81M | 10.06M | 2.72M | 11.94M | |
| Diluted EPS | 0.12 | 0.31 | 0.08 | 0.36 | |
| Net profit margin | 3.69% | 8.75% | 2.35% | 9.90% | |
| Operating income | 8.49M | -12.39M | 10.12M | 17.08M | |
| Net change in cash | 50.71M | -958K | -4.38M | 4.87M | |
| Cash on hand | 150.96M | 100.24M | 101.2M | 105.58M | |
| Cost of revenue | 70.18M | 76.34M | 78.59M | 79.48M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 469M | 470.48M | 422.99M | 396.68M | |
| Net income | 36.15M | 46.53M | 14.45M | 34.38M | |
| Diluted EPS | 1.09 | 1.39 | 0.43 | 1.03 | |
| Net profit margin | 7.71% | 9.89% | 3.42% | 8.67% | |
| Operating income | 53.82M | 61.04M | 38.5M | 63.17M | |
| Net change in cash | -692K | -12.64M | -233K | -43.12M | |
| Cash on hand | 100.24M | 100.93M | 113.57M | 113.81M | |
| Cost of revenue | 311.42M | 305.51M | 282.56M | 256.25M |
Financial data from CTS earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 13 Mar 20 | Zulueta Alfonso G | Common Stock | Buy | Aquire P | 22.17 | 940 | 20.84K | 13,013 |
| 12 Mar 20 | Zulueta Alfonso G | Common Stock | Buy | Aquire P | 21.59 | 863 | 18.63K | 12,073 |
| 11 Mar 20 | Zulueta Alfonso G | Common Stock | Buy | Aquire P | 23.45 | 860 | 20.17K | 11,210 |
| 10 Mar 20 | Zulueta Alfonso G | Common Stock | Buy | Aquire P | 23.51 | 850 | 19.98K | 10,350 |
| 9 Mar 20 | Zulueta Alfonso G | Common Stock | Buy | Aquire P | 22.19 | 900 | 19.97K | 9,500 |
| 6 Feb 20 | Ashish Agrawal | Common Stock | Grant | Aquire A | 30.13 | 10,557 | 318.08K | 147,504 |
| 6 Feb 20 | Ashish Agrawal | Common Stock | Grant | Aquire A | 30.13 | 7,040 | 212.12K | 136,947 |
| 6 Feb 20 | Luis Francisco Machado | Common Stock | Grant | Aquire A | 30.13 | 9,515 | 286.69K | 88,106 |
| 6 Feb 20 | Luis Francisco Machado | Common Stock | Grant | Aquire A | 30.13 | 4,077 | 122.84K | 78,591 |
Institutional ownership Q1 2020
92.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 126 |
| Opened positions | 11 |
| Closed positions | 23 |
| Increased positions | 47 |
| Reduced positions | 46 |
13F shares |
Current |
|---|---|
| Total value | 1.74B |
| Total shares | 30.11M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 4.98M | $123.99M |
| N Price T Rowe Associates | 3.12M | $77.71M |
| Wellington Management | 2.89M | $72.04M |
| Vanguard | 2.08M | $51.74M |
| GBL Gamco Investors, Inc. Et Al | 2.04M | $50.81M |
| Dimensional Fund Advisors | 1.79M | $44.47M |
| NTRS Northern Trust | 1.25M | $31.15M |
| FRLG Goldman Sachs | 1.13M | $28.16M |
| STT State Street | 1.05M | $26.22M |
| JHG Janus Henderson | 1.02M | $25.36M |
Financial report summary
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Content analysis
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H.S. freshman Avg
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New words:
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Removed:
amendment, applying, area, assertion, building, Canada, carry, certainty, classification, commencement, controlled, Czech, decided, declined, delay, Denmark, depend, direction, estimable, existed, exit, expedient, identification, inception, indefinite, indefinitely, index, India, Indiana, initial, intend, Kingdom, maintenance, mandatory, manufacturing, Mexico, Nonemployee, opening, optional, outcome, package, payroll, practical, predicted, prevailing, primary, reconciliation, reinvest, reinvestment, rent, Republic, requiring, residual, restrictive, Rule, straight, subjected, sublease, subsequent, Taiwan, taxation, terminate, underperformance, unfavorably, untaxed, wage
Financial reports
10-Q
2020 Q1
Quarterly report
24 Apr 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
24 Oct 19
10-Q
2019 Q2
Quarterly report
25 Jul 19
10-Q
2019 Q1
Quarterly report
25 Apr 19
10-K
2018 FY
Annual report
22 Feb 19
10-Q
2018 Q3
Quarterly report
25 Oct 18
10-Q
2018 Q2
Quarterly report
26 Jul 18
10-Q
2018 Q1
Quarterly report
26 Apr 18
10-K
2017 FY
Annual report
23 Feb 18
Current reports
8-K
Departure of Directors or Certain Officers
2 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
15 May 20
8-K
CTS Corporation Announces Change in Location of its
1 May 20
8-K
Investor Presentation April 2020
24 Apr 20
8-K
CTS Announces First Quarter 2020 Results
23 Apr 20
8-K
Departure of Directors or Certain Officers
6 Apr 20
8-K
COVID-19 Update by CTS Corporation
5 Mar 20
8-K
Investor Presentation February 2020
4 Feb 20
8-K
CTS Announces Fourth Quarter and Full Year 2019 Results
4 Feb 20
8-K
CTS Corporation Announces the Departure of
8 Nov 19
Registration and prospectus
S-8
Registration of securities for employees
26 Jul 18
S-8
Registration of securities for employees
19 Aug 14
S-8
Registration of securities for employees
28 May 09
POS AM
Prospectus update (post-effective amendment)
20 Jul 07
POS AM
Prospectus update (post-effective amendment)
20 Jul 07
POS AM
Prospectus update (post-effective amendment)
9 May 07
424B3
Prospectus supplement
15 Feb 05
425
Business combination disclosure
31 Jan 05
425
Business combination disclosure
31 Jan 05
424B3
Prospectus supplement
27 Jan 05
Proxies
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEF 14A
Definitive proxy
2 Apr 20
PRE 14A
Preliminary proxy
19 Mar 20
DEFA14A
Additional proxy soliciting materials
4 Apr 19
DEF 14A
Definitive proxy
4 Apr 19
DEF 14A
Definitive proxy
5 Apr 18
DEF 14A
Definitive proxy
5 Apr 17
DEF 14A
Definitive proxy
7 Apr 16
DEF 14A
Definitive proxy
9 Apr 15
DEF 14A
Definitive proxy
11 Apr 14
Other
SD
Conflict minerals disclosure
15 May 20
SD
Conflict minerals disclosure
20 May 19
SD
Conflict minerals disclosure
18 May 18
SD
Conflict minerals disclosure
23 May 17
SD
Conflict minerals disclosure
25 May 16
UPLOAD
Letter from SEC
24 Feb 16
CORRESP
Correspondence with SEC
8 Feb 16
UPLOAD
Letter from SEC
27 Jan 16
CORRESP
Correspondence with SEC
11 Jan 16
CORRESP
Correspondence with SEC
18 Dec 15
Ownership
SC 13G/A
CTS / PRICE T ROWE ASSOCIATES ownership change
10 Jun 20
SC 13D/A
CTS / GAMCO INVESTORS, INC. ET AL ownership change
2 Jun 20
3
CTS / Ye Jane Li ownership change
18 May 20
4
CTS / Alfonso G Zulueta ownership change
13 Mar 20
4
CTS / Alfonso G Zulueta ownership change
10 Mar 20
SC 13G/A
Beneficial ownership report (amended)
14 Feb 20
SC 13G/A
CTS Corp
12 Feb 20
SC 13G/A
Beneficial ownership report (amended)
12 Feb 20
4
CTS / Ashish Agrawal ownership change
7 Feb 20
4
CTS / Luis Francisco Machado ownership change
7 Feb 20